Xpeng Motors Accelerates Innovation with ¥9 Billion R&D Investment and Global Expansion Plans

Xpeng Motors, a leading Chinese smart EV manufacturer, has announced its plan to invest over 9 billion yuan in research and development (R&D) in 2025.

A key element of Xpeng's R&D strategy is its goal to design and manufacture its semiconductor chips. By bringing chip production in-house, the company aims to streamline its supply chain, enhance vehicle performance, and strengthen its position in smart driving technology.

Xpeng is preparing to mass-produce its high-performance Turing chip, which will be used in cars, flying vehicles, and robots, further establishing its leadership in advanced mobility solutions. The company is also pushing the boundaries of autonomous driving technology, with plans to launch L3 autonomous driving features in its vehicles.

Chairman and CEO Mr. He Xiaopeng stated that this development would enhance driver assistance systems, boost road safety, and place Xpeng at the forefront of intelligent transportation.

Xpeng is also expanding its global reach, having sold 190,068 vehicles in 2024 and recently entering the Finnish market. The company aims to grow its presence in over 60 countries by 2025, solidifying its international expansion strategy.